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One of the productions Amazon is behind is a TV version of Lord of the Rings - tipped to be shot somewhere in Aotearoa.

The plot of the series is still unknown; though some reports tip it would focus on the early life of Aragorn, played in Sir Peter Jackson's 17 Academy Award-winning film trilogy by Viggo Mortensen.

Jackson is not involved with the Amazon series but told a New York Comic conference that he is "kind of looking forward to it."

"I was a guy who didn't get to see the Lord of the Rings like everybody else because I had to make it, so I'm looking forward to seeing somebody else's take on the Tolkien world," Jackson reportedly told the audience.

This week's ministerial meeting with Amazon comes as Kiwi film studios are being booked "chocka" by Hollywood, with the number of movies shot in New Zealand doubling in two years.

"We've just confirmed another project in January so there's more work around than space, our studios are chocka. People are desperate for space."

Sir Peter Jackson, who directed the Lord of the Rings film trilogy, is not involved with the series. Photo / AP

Ateed Screen Auckland manager, Michael Brook, also told the Herald earlier this year the industry was thriving and forecast "a lot more activity would be taking place" in 2019.

The Government earlier this year abandoned plans to rein in ballooning subsidies for Hollywood, citing film industry opposition and the threat of lawsuits from the producers of James Cameron's Avatar films.

Parker began a review after the Herald revealed the deal giving studios cash payments of up to 25 per cent of their local spending on productions had totalled $575 million since 2010.

But Parker, in September, said following consultations with industry around the viability of their business - and thousands of accompanying jobs - without subsidies, and legal advice over a 2013 deal signed with Avatar producers, said cuts or changes to the subsidy scheme were now off the table.

"We're not proposing to introduce a cap. We accept that the subsides are necessary, and we accept there's a benefit to the country," he said earlier this year.